BAND vs. SPCX
BAND (Bandwidth Inc.) and SPCX (Space Exploration Technologies Corp. (SpaceX)) are both stocks. BAND operates in Software - Infrastructure (Technology), while SPCX operates in Aerospace & Defense (Industrials). Their 0.08 correlation means their historical movements had little consistent relationship.
Performance
BAND vs. SPCX - Performance Comparison
Loading charts...
Returns By Period
BAND
- 1D
- 0.80%
- 1M
- -36.46%
- 6M
- 180.17%
- YTD
- 153.33%
- 1Y
- 191.00%
- 3Y*
- 37.70%
- 5Y*
- -21.30%
- 10Y*
- —
- ALL TIME*
- 7.37%
SPCX
- 1D
- -3.41%
- 1M
- -33.10%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BAND Bandwidth Inc. | $77.86M | $80.15M | $80.19M |
| $7.83B | $9.34B | $18.22B |
BAND vs. SPCX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BAND Bandwidth Inc. | -39.12% |
SPCX Space Exploration Technologies Corp. (SpaceX) | -27.75% |
Correlation
The correlation between BAND and SPCX is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 12, 2026 | 0.08 |
Fundamentals
BAND:
$1.26B
SPCX:
$1.42T
BAND:
0.00
SPCX:
12.19
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BAND vs. SPCX — Risk / Return Rank
BAND
SPCX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BAND vs. SPCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bandwidth Inc. (BAND) and Space Exploration Technologies Corp. (SpaceX) (SPCX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BAND | SPCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | — | — |
| Martin ratioReturn relative to average drawdown | 11.01 | — | — |
Loading charts...
Drawdowns
BAND vs. SPCX - Drawdown Comparison
The maximum BAND drawdown since its inception was -95.16%, which is greater than SPCX's maximum drawdown of -46.30%. Use the drawdown chart below to compare losses from any high point for BAND and SPCX.
Loading charts...
Drawdown Indicators
| BAND | SPCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.16% | -46.30% | -48.86% |
Max Drawdown (1Y)Largest decline over 1 year | -52.89% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -52.89% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -92.70% | — | — |
Current DrawdownCurrent decline from peak | -79.73% | -46.30% | -33.43% |
Average DrawdownAverage peak-to-trough decline | -55.13% | -27.35% | -27.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.55% | — | — |
Volatility
BAND vs. SPCX - Volatility Comparison
Loading charts...
Volatility by Period
| BAND | SPCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 43.00% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 79.73% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 89.17% | 93.07% | -3.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.70% | 93.07% | -12.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.54% | 93.07% | -24.53% |
Dividends
BAND vs. SPCX - Dividend Comparison
Neither BAND nor SPCX has paid dividends to shareholders.
Financials
BAND vs. SPCX - Financials Comparison
This section allows you to compare key financial metrics between Bandwidth Inc. and Space Exploration Technologies Corp. (SpaceX). You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BAND vs. SPCX - Profitability Comparison
BAND - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Bandwidth Inc. reported a gross profit of 78.54M and revenue of 219.90M. Therefore, the gross margin over that period was 35.7%.
SPCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Space Exploration Technologies Corp. (SpaceX) reported a gross profit of 2.31B and revenue of 4.69B. Therefore, the gross margin over that period was 49.1%.
BAND - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Bandwidth Inc. reported an operating income of -4.55M and revenue of 219.90M, resulting in an operating margin of -2.1%.
SPCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Space Exploration Technologies Corp. (SpaceX) reported an operating income of -1.94B and revenue of 4.69B, resulting in an operating margin of -41.4%.
BAND - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Bandwidth Inc. reported a net income of 2.39M and revenue of 219.90M, resulting in a net margin of 1.1%.
SPCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Space Exploration Technologies Corp. (SpaceX) reported a net income of -4.28B and revenue of 4.69B, resulting in a net margin of -91.1%.
Frequently Asked Questions
BAND and SPCX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for BAND and SPCX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer